This summary was created by AI, based on 4 opinions in the last 12 months.
Seagate Technology has garnered mixed reviews from various experts reflecting divergent perspectives on its stock performance. One reviewer cautions that the stock may be undervalued, labeling it a value trap, while another points to a strong earnings report from Dell as a positive catalyst for Seagate. Additionally, excitement is building around Seagate's latest quarterly results, with some analysts expressing optimism that the company is well-positioned to capitalize on trends in artificial intelligence driving a refresh cycle in PCs. As major players like Dell and AMD report growth in their PC segments, especially surrounding AI capabilities, Seagate's market position suggests potential for margin expansion, with projections of significant improvement in gross margins. However, early sentiments continue to warn about potential risks associated with timing and overall market volatility.
Just bought this for the first time. AI is driving a new refresh cycle in PCs. Also, we haven't upgraded PCs in 4-5 years. Dell just said their PC business was up 3% instead of the expected -2%. HPQ will see growth in the second half of this year, for the first time in 2 years. Also, AMD said last Sunday that their AI PC chips are 5x the speed of existing chips. Seagate leads this sector. Gross margins are poised to go higher. Margins could expand 1,000 basis points year over year. They have pricing power and volumes are rising. She might be early on it, but that's fine.
Seagate Technology is a American stock, trading under the symbol STX-Q on the NASDAQ (STX). It is usually referred to as NASDAQ:STX or STX-Q
In the last year, 5 stock analysts published opinions about STX-Q. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Seagate Technology.
Seagate Technology was recommended as a Top Pick by on . Read the latest stock experts ratings for Seagate Technology.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered Seagate Technology In the last year. It is a trending stock that is worth watching.
On 2025-04-03, Seagate Technology (STX-Q) stock closed at a price of $71.53.
The stock has never done and has always been cheap. It's a value trap.